"He rides like Buffalo Bill," said Browning, with an effort. "Bill is the best rider I ever saw."

Diamond was watching Merriwell and the horse, a queer look on his face. Finally he exclaimed:

"By Jove! there's something the matter with Nemo!"

"What is it?" asked Griswold. "I didn't notice anything."

"The horse shows a suspicion of lameness," asserted Jack.

"You have good eyes to detect it," observed Browning, doubtingly. "I can't see that anything is the matter with the horse."

"I'll wager he goes lame before Merriwell returns."

"If he does, I shall think you have great discernment."

Merriwell turned a corner and disappeared.

"Come, fellows," said Griswold, "let's shuffle along."